December 16, 2025

Share of Voice vs. Share of Mentions: The Complete Guide

Andrew Wyatt

Chief Product Officer

PR & Comms
Insights

Share of Voice vs. Share of Mentions: Why Article Count Doesn't Tell the Whole Story

Most teams track share of voice, which is the percentage of articles that mention your brand compared to competitors. Useful, but incomplete. It tells you where you show up, not how much of the conversation you actually own.

When we analyzed 57 companies, 15% were “Narrative Underdogs,” capturing less than 40% of the mentions in their own coverage. Even when the article is “about” them, competitors often dominate the narrative.

The Difference That Matters

Share of Voice (Traditional)

Measures the % of articles that mention your brand vs. competitors.
Blind spot: A single mention counts the same as ten. Presence ≠ prominence.

Share of Mentions (Delve's Metric)

Measures the % of total mentions within all articles in your competitive set.
Why it matters: It reveals who truly controls the story within each piece of coverage.

Example:

You appear in 60% of articles but only earn 33% of total mentions. You’re visible, but not central. Delve makes this visible by going beyond keyword counts to understand context, frequency, and narrative weight.

A Real-World Scenario

Imagine two companies in the same competitive space, both tracked across 100 articles:

Metric Company A Company B
Articles Mentioned
60 40
Mentions
300 400
Share of Voice
60% 40%
Share of Mentions
42.9% 57.1%

At first glance, Company A seems to be winning with more coverage. But in reality, Company B shows up less often, but when it does, it commands far more of the conversation—57.1% of all mentions vs. 42.9% for Company A.

Data sourced from Delve–learn more.

How Delve Calculates Share of Mentions

Most tools only count appearances. Delve uses AI-powered analysis to read each article the way a comms strategist would:

  • Identifies the primary subject
  • Counts every brand and competitor mention
  • Assesses whether you were the focus or a footnote
  • Aggregates across all coverage for a true measure of narrative control

This shifts PR analysis from coverage logging to narrative intelligence. It’s the difference between knowing you're in the room and knowing you're leading the conversation.

What the Data Shows: Four Types of Narrative Control

We analyzed 57 companies across multiple market types and found they fall into four distinct categories based on their share of mentions:

Category Share of Mentions % of Companies Avg Sentiment What It Means
Narrative Leaders
80-100% 15% 0.72 (Positive) Complete narrative control. Competitors rarely intrude.
Narrative Owners
60-80% 35% 0.68 (Positive) Strong control with manageable competition. Competitors mentioned but don't dominate.
Narrative Battlers
40-60% 35% 0.65 (Neutral) Fighting for control. Competitors get nearly equal mention share.
Narrative Underdogs
<40% 15% 0.52 (Negative) Competitors dominate even in "your" articles.

Key Insight: Companies with higher share of mentions also report stronger sentiment—averaging 0.72 vs. 0.52, a 38% gap.

Data sourced from Delve–learn more.

Volume vs. Control: The Quadrant View

When we plot article count (x-axis) against share of mentions (y-axis), patterns emerge:

Low Volume
High Control
High Volume
High Control
Low Volume
Low Control
High Volume
Low Control
Article Count
Share of Mentions %
Narrative Leaders (80-100%)
Narrative Owners (60-80%)
Narrative Battlers (40-60%)
Narrative Underdogs (<40%)

Data sourced from Delve–learn more.

The Unicorns - High Volume + High Control

  • Enterprise-scale visibility and narrative dominance. Rare air.

The Volume Trap (5%) - High Volume + Low Control

  • You’re everywhere, but competitors get more mentions.
  • Classic “busy but ineffective” scenario.

The Efficient Operators - Low Volume + High Control

  • Fewer articles, strong narrative control.
  • Often niche, differentiated, or consumer-focused brands.

The At-Risk Group - Low Volume + Low Control

  • Limited coverage and low control.
  • Needs both volume and stronger positioning.

Market Dynamics That Influence Control

  • Most markets struggle for dominance: Average share of mentions lands around 48–55%.
  • Event-driven coverage is a cheat code: Brands average 95%+ share of mentions when the moment belongs to them.
  • Differentiated brands stay above the noise: Category leaders maintain 80%+, while commoditized players hover at 40–50%.
  • Across every market, one constant shows up: differentiation drives narrative control.

Why Share of Mentions Matters

1. It Aligns With Sentiment

More narrative control = more positive coverage.

2. It Drives Message Pull-Through

Articles mentioning you 8–10 times reliably include your key messages, product details, and quotes. One-mention hits rarely move the market.

3. It Shapes Audience Recall

Repetition builds memory, and memory builds brand.

How to Increase Your Share of Mentions

Measure What Actually Moves the Story

Share of voice tells you where you show up.

Share of mentions tells you if you matter once you’re there.

Across 57 companies:

  • 15% are Underdogs (<40%)
  • 35% are Battlers (≈50/50 control)
  • 15% are Leaders (80%+)

And the companies with the highest share of mentions consistently see stronger sentiment, clearer messaging, and greater narrative authority.

If you’re only tracking share of voice, you’re only seeing half the picture. In today’s media environment, that missing half is often where the real strategy lives.

Frequently Asked Questions

What's a good share of mentions percentage?

70% or higher indicates strong narrative control. 50-70% is acceptable but suggests room for improvement. Below 50% means competitors are getting equal or more attention in your own articles—a red flag.

How is share of mentions different from share of voice?

Share of voice measures what percentage of articles mention your company compared to competitors (article-level). Share of mentions measures what percentage of total mentions you capture within those articles (mention-level). [1]

For example: You could appear in 60% of articles in a competitive set (60% share of voice) but only represent 40% of the total mentions across all those articles (40% share of mentions) because competitors are mentioned more frequently when they do appear.

Which types of markets have the hardest time maintaining high share of mentions?

Highly competitive or rapidly emerging markets face the toughest environment (average 48-55% share of mentions), while event-driven coverage and niche markets have the easiest time (95%+ and 69-73% respectively). The more crowded and comparative the market, the harder it is to maintain narrative control.

Can you have too high of a share of mentions?

No. 95-100% share of mentions indicates you're the central focus and competitors are rarely mentioned—the ideal state. This is most common for event-specific coverage, product launches, and companies with strong category leadership.

Is Delve the only tool that measures share of mentions?

Yes. Traditional media monitoring tools count article volume and keyword frequency but cannot distinguish between subject mentions and competitor intrusion within the same article. Delve's AI-powered analysis automatically identifies the subject entity and tracks all competitor mentions to calculate true share of mentions.

Related Insight

[1] Delve. Choosing the best sentiment analysis tool for PR success

Methodology This analysis is based on 57 companies tracked in Delve with at least 50 articles of coverage, spanning multiple market types including highly competitive emerging markets, established enterprise markets, niche consumer markets, and event-driven coverage. Share of mentions is calculated by dividing subject mention count by total mentions (subject + all matched competitors) within articles. Sentiment scores range from 0 (negative) to 1 (positive). Market categorizations are based on coverage patterns and competitive dynamics. Data is anonymized to protect client privacy. Updated November 2025.
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